SMHI vs. RIG

Last updated Jul 11, 2026

SMHI (SEACOR Marine Holdings Inc.) and RIG (Transocean Ltd.) are both stocks. SMHI operates in Marine Shipping (Industrials), while RIG operates in Oil & Gas Drilling (Energy). Over the past 5 years, SMHI returned 12.03%/yr vs 2.98%/yr for RIG. At a 0.43 correlation, their price movements are largely independent.

Performance

SMHI vs. RIG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SEACOR Marine Holdings Inc. (SMHI) and Transocean Ltd. (RIG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SMHI achieves a 29.57% return, which is significantly higher than RIG's 25.91% return.

SMHI

• 1D: 0.52%
• 1M: 5.12%
• 6M: 27.24%
• YTD: 29.57%
• 1Y: 32.43%
• 3Y*: -12.64%
• 5Y*: 12.03%
• 10Y*: —

RIG

• 1D: 1.17%
• 1M: -13.91%
• 6M: 22.35%
• YTD: 25.91%
• 1Y: 82.46%
• 3Y*: -14.16%
• 5Y*: 2.98%
• 10Y*: -8.64%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SMHI vs. RIG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SMHI SEACOR Marine Holdings Inc.	29.57%	-8.23%	-47.90%	37.45%	169.41%	25.46%	-80.35%	17.26%	0.51%	-53.20%
RIG Transocean Ltd.	25.91%	10.13%	-40.94%	39.25%	65.22%	19.48%	-66.42%	-0.86%	-35.02%	15.71%

Correlation

The correlation between SMHI and RIG is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (5Y) Calculated over the trailing 5-year period	0.47
Correlation (All Time) Calculated using the full available price history since Jun 2, 2017	0.43

The correlation between SMHI and RIG has been stable across timeframes, ranging from 0.43 to 0.53 - a consistent structural relationship.

Fundamentals

Market Cap SMHI : $211.09M RIG : $4.70B
EPS SMHI : -$1.08 RIG : -$2.77
PS Ratio SMHI : 0.93 RIG : 1.70
PB Ratio SMHI : 0.81 RIG : 0.71
Total Revenue (TTM) SMHI : $216.62M RIG : $3.06B
Gross Profit (TTM) SMHI : $52.35M RIG : $1.97B
EBITDA (TTM) SMHI : $82.81M RIG : -$2.10B

Return for Risk

SMHI vs. RIG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SMHI

SMHI Risk / Return Rank: 68
SMHI Sharpe Ratio Rank: 64
SMHI Sortino Ratio Rank: 67
SMHI Omega Ratio Rank: 62
SMHI Calmar Ratio Rank: 73
SMHI Martin Ratio Rank: 72

RIG

RIG Risk / Return Rank: 82
RIG Sharpe Ratio Rank: 85
RIG Sortino Ratio Rank: 81
RIG Omega Ratio Rank: 80
RIG Calmar Ratio Rank: 81
RIG Martin Ratio Rank: 85

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SMHI vs. RIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SEACOR Marine Holdings Inc. (SMHI) and Transocean Ltd. (RIG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SMHI	RIG	Difference
Sharpe ratio: Return per unit of total volatility	0.55	1.49	-0.93
Sortino ratio: Return per unit of downside risk	1.31	2.07	-0.76
Omega ratio: Gain probability vs. loss probability	1.15	1.26	-0.11
Calmar ratio: Return relative to maximum drawdown	1.45	2.25	-0.80
Martin ratio: Return relative to average drawdown	3.09	7.23	-4.14

SMHI vs. RIG - Sharpe Ratio Comparison

The current SMHI Sharpe Ratio is 0.55, which is lower than the RIG Sharpe Ratio of 1.49. The chart below compares the historical Sharpe Ratios of SMHI and RIG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SMHI vs. RIG - Drawdown Comparison

The maximum SMHI drawdown since its inception was -94.11%, smaller than the maximum RIG drawdown of -99.47%. Use the drawdown chart below to compare losses from any high point for SMHI and RIG.

Drawdown Indicators

	SMHI	RIG	Difference
Max Drawdown Largest peak-to-trough decline	-94.11%	-99.47%	+5.36%
Max Drawdown (1Y) Largest decline over 1 year	-22.75%	-35.75%	+13.00%
Max Drawdown (3Y) Largest decline over 3 years	-74.28%	-75.80%	+1.52%
Max Drawdown (5Y) Largest decline over 5 years	-74.28%	-75.80%	+1.52%
Max Drawdown (10Y) Largest decline over 10 years	—	-95.77%	—
Current Drawdown Current decline from peak	-69.17%	-95.90%	+26.73%
Average Drawdown Average peak-to-trough decline	-61.69%	-57.25%	-4.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.68%	11.11%	-0.43%

Volatility

SMHI vs. RIG - Volatility Comparison

SEACOR Marine Holdings Inc. (SMHI) has a higher volatility of 23.18% compared to Transocean Ltd. (RIG) at 12.85%. This indicates that SMHI's price experiences larger fluctuations and is considered to be riskier than RIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SMHI	RIG	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.18%	12.85%	+10.33%
Volatility (6M) Calculated over the trailing 6-month period	39.20%	39.32%	-0.12%
Volatility (1Y) Calculated over the trailing 1-year period	59.78%	54.09%	+5.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	58.81%	62.17%	-3.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	67.82%	74.45%	-6.63%

Dividends

SMHI vs. RIG - Dividend Comparison

Neither SMHI nor RIG has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RIG Transocean Ltd.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	8.48%
SMHI SEACOR Marine Holdings Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both SMHI and RIG in my portfolio?

SMHI and RIG have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SMHI or RIG?

SMHI has higher volatility (23.18%) compared to RIG (12.85%). In terms of maximum drawdown, SMHI dropped -94.11% vs RIG's -99.47%.

Which has better risk-adjusted returns?

RIG currently has the higher Sharpe Ratio (1.49 vs 0.55), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.